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Index-based investing is a form of socialism. Our investment system is broken […]
Wait. What?
In her mind it’s socialism because index funds are a kind of collective action: investors (including me) put their money into them, and then the funds are powerful enough to act in the interests of the investors. Of course the fund managers are really acting in their own best interests, but because both groups are heavily invested in the same fund, their interests align.
When they try to give $1 trillion with a T to Elon Musk by diluting existing shares to do it (literally robbing from people’s retirement accounts to make him richer), index funds resist this and use their influence to try to get other investors to do the same.
She thinks index funds should just shut their mouths and quietly accept dilution of investor shares in order to make the oligarchs even more absurdly wealthy. Just stop fighting and it’ll all be over soon.
Isnt the corporate excuse for inhumane, unethical and borderline illegal behavior usually that they have a legal obligation to protect the interests of their share holders? So how is diluting the stock to benefit one man legal then?
Who cares what female Bubbles has to say about anything? She’s just another fake Christian Trump teat nibbler whose motives should always be questioned.
I have violent fantasies about strangling Musk, Trump, Ghislaine, the Clintons, Barack Obama, and everyone from the Bush administration. Also Cathy Wood. .I want to feel their wind pipes crush in my grip.
No, I am not OK.
Better talk to someone about that. I mean I understand the desire for sure but sounds like they might be a little much.
There are healthy ways to channel that energy, hope you find them.
I create art. It keeps me balanced.
But… Healthiest channel for me would be choking out these ghouls while maintaining eye contact.
I’ve never been in a fight in my life. I’ve never raised my hand toward my wife or any other woman. I’ve never owned a weapon. But I envy whoever shot that CEO last winter. I watch ICE arrests on Insta and imagine myself killing all the “officers”
If I got drafted, I would immediately shoot my C. O. in the back as soon as I was deployed
This is the shit I think about now. I want to go back to Simpsons memes
Yeah I hear you. Don’t let the world turn you into an angry husk though. I’ve been there so I get it.
Maybe a social media break would do you some good. I’ve done a few and it really helps. When I come back I’m less angry and frustrated, and able to just take pity on people more than being angry with them.
Keep making arr. Lots of it. The good stuff comes out when you’re in spaces like this, you just need to be sure not to be consumed by it.
Edit: Art. Keep making art. I like the typo though so I’m leaving it
“Whats an index fund, Julian?”
SHORT SHORT SHORT
Depose depose depose
What’s with the glasses?
